Getting an SBA Loan for Dentists
With these business loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $850,000 was given to an Oregon entrepreneur in 2005.
Getting a small business loan in Portland, Oregon was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Pacific Continental Bank, operating out of Eugene, Oregon. Here are the details on this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
PORTLAND, OR 97229
SBA Loan Lender
PACIFIC CONTINENTAL BANK
111 W 7TH AVE
EUGENE, OR 97401
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Dentists
Loan Approval Date
5/18/2005
Loan Approval Gross Amount
$850,000
Loan Approval from the SBA
Of the total $850,000 loan amount, the SBA guaranteed $637,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Pacific Continental Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
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